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NEWS FLASH

Rhode Island State Senate Approves Civil Unions, Bill Advances To Governor’s Desk | WPRI News is reporting that “Rhode Island moved one step closer to allowing same-sex civil unions on Wednesday after the Senate passed a bill to legalize them.” Gov. Lincoln Chafee (I-RI) has said he will sign the bill, which has already passed the Assembly, but some are urging a veto in order to later secure full marriage rights for gay couples. With New York codifying gay marriage into law last week, Rhode Island and Maine are the only New England states left where gay marriage is illegal.

Economy

Ryan Admits That Even Short Term Failure To Raise Debt Ceiling Would Mean Cuts To ‘Vital Programs’

Earlier this month, House Budget Committee Chairman Paul Ryan (R-WI) joined the growing chorus of Republicans who have been claiming that not raising the debt ceiling for a few days once it is hit around August 2 won’t be a big deal. “If a bondholder misses a payment for a day or two or three or four — what is more important is you are putting the government in a materially better position to better pay its bills going forward,” Ryan said.

However, during a question and answer session hosted by the Spolight on Poverty and Opportunity, Ryan admitted that even a short-term failure to raise the debt ceiling — which would force the Treasury Department to start choosing which creditors to pay off and which ones to stiff — would mean “literally cutting off assistance to people” who rely on “vital programs“:

So ultimately, if the debt ceiling is not increased you ultimately would have a default. Now perhaps not immediately, but some would argue that the Treasury can prioritize its payments. I believe they can, but I don’t think we want to go down that path.

I don’t think we want to tempt default. That’s not our strategy. And so if we did have a default or if we did not raise the limit, then Treasury’s prioritizing payments and literally cutting off assistance to people because they don’t have the checks they can write to vital programs.

Listen here:

Ryan has been all over the place when it comes to the debt ceiling. Back in January, he said “you can’t not raise the debt ceiling. Default is the unworkable solution.” However, a few weeks ago he said that raising the debt ceiling “won’t happen, I’m serious about this, it won’t happen if we don’t cut spending.” Then he said that short-term default is okay with him.

But Ryan is correct that even a short-term failure to raise the debt ceiling could have disastrous consequences. For instance, the Bipartisan Policy Center found that one of the most immediate cuts, were the debt ceiling not raised in time, would have to be to Social Security. As the BPC put it, if the debt limit isn’t increased and Treasury is forced to only work with the revenue coming in on a daily basis, “handling all payments for important and popular programs (e.g., Social Security, Medicare, Medicaid, Defense, active duty pay) will quickly become impossible.”

And forcing the government to stiff somebody, regardless of who it is, is going to call into question the nation’s creditworthiness. It seems that Ryan agrees, even if he is disinclined to do anything about it.

Yglesias

Sonia Sotomayor: An Appreciation

The first I ever heard of Sonia Sotomayor, I was having drinks with some progressive law professors and they were basically trashing her. They thought she’d be a likely Barack Obama Supreme Court nominee, and while they allowed that she was a demographically appealing Puerto Rican woman who’d likely reach the correct conclusions on points of constitutional and statutory interpretation, she wasn’t “brilliant” enough for their tastes. This struck me as a possibly sexist viewpoint to take, but I also thought sort of a viewpoint that was besides the point. The Court plays a quasi-political role, and insofar as the justices do something important other than vote the right way, it’s act as public figures who articulate a point of view. And here the essence of the problem is less to wow law professors than it is to engage persuasively with citizens. The kind of person who makes a successful law professor say, “wow she’s be a really great law professor!” isn’t really the same as the kind of person who’d be a great justice.

And as a great David Fontana piece at TNR explains, that’s exactly what Sotomayor has done on the bench, using her standing as a Supreme Court justice to address not only narrow legal arguments but also broader audiences:

Many newspapers reported about her June appearance sponsored by the Juvenile Diabetes Research Foundation where Sotomayor “open[ed] up about her diabetes” with “heartfelt remarks.” Two days before that, they covered Sotomayor throwing out the first pitch at Wrigley Field (appropriately wearing a Cubs jersey rather than a jersey of her beloved Yankees). Sotomayor is also at work on a book—but not one on legal theory. Instead, her publisher has revealed that it is a “coming-of-age memoir by an American daughter of Puerto Rican immigrants.”

What’s more, while some of her colleagues are known for communicating their messages primarily to elite audiences, Sotomayor has been speaking to a range of groups. She shared her perspective about persistent barriers to equality with audiences at several elite law schools and with a community college in the Bronx that helped her mother become a nurse several decades ago. During a visit in which she judged a moot court proceeding involving law students at Berkeley, Sotomayor also made a visit to a local elementary school with a commitment to diversity and a prominent foreign language program. She has also regularly visited with various groups who have come to see the Supreme Court, from special needs children to senior citizens to veterans.

I think that’s good stuff. Supreme Court justices have relatively little in the way of formal incentives to show hustle or to expand the appeal of their brand. But Sotomayor appears to have genuine passion for her public role, and is articulating her vision not just to law professors who’ve made up their minds already, but to the kind of people who need to hear from role models and iconic figures.

NEWS FLASH

Texas And Florida Governors Skip Climate Emergencies For Koch Denier Confab | Over at the ThinkProgress homepage, Marie Diamond notes that governors Rick Scott of Florida and Rick Perry of Texas skipped out on their states after declaring disasters for wildfires and drought to attend the secret Koch brothers meeting in Vail. Despite their demands for federal assistance for aid for these carbon-fueled climate disasters, Scott and Perry, like the Kochs, are global warming deniers.

Politics

Allen West: GOP Debate ‘Scared The Hell Out Of Me…None Of Them Really Understood National Security’

Rep. Allen West (R-FL), a former Army Lt. Colonel and national Tea Party sensation, is not happy with the current crop of presidential candidates in his party. During the Q & A section following a speech he gave at an event sponsored by the neoconservative Center for Security Policy, West said none of the candidates “really understood national security”:

WEST: You know, this is not rocket scientry [sic]. But yet, when you listen to the debate last week that they had with the potential GOP presidential candidates in South Carolina, I gotta tell you, it scared the hell out of me. Because none of them really understood national security. None of them really, you know, understand these points. And, you know, we know the left doesn’t want to stand up for the defense of this country. And what happens all of a sudden when we lose that mantel?

Watch it:

West is probably not someone who should be accusing anyone of having an inadequate understanding of foreign policy, but his sentiment reflects the fractured and at at times incoherent foreign policy of today’s conservative movement. No longer dominated by George Bush neoconservatives, the GOP is now split between deficit hawk war skeptics likeRep. Walter Jones (R-NC) and hawk hawks like West. Old guard hawks Sens. John McCain (R-AZ) and Lindsey Graham (R-SC) have taken only slightly more veiled shots at the GOP field than West’s, warning presidential hopefuls about a drift towards “isolationism,” I derisive term they use to listening to the American people on the war in Afghanistan.

Meanwhile, West’s unhappiness with the GOP field is shared by GOP voters. A New York Times/CBS News poll released today found overwhelming dissatisfaction among Republican voters with the 2012 field, with 71 percent saying they hope some new faces get in the mix.

Yglesias

Nancy Pelosi, Time Lord

Mickey Kaus lauds Walter Russell Mead’s argument that the real culprit in the Housing crisis was Fannie Mae and Freddie Mac, and the real culprits behind Fannie and Freddie are the liberals:

Reckless Endangerment gives the best available account of how the growing chaos in the mortgage and personal finance markets and the rampant bundling of dubious loans into exotically toxic securities plunged the world, and millions of American families, into the gravest financial crisis since World War Two. It is gripping reading as well, and its explanations are clear enough that readers without any background in finance will have no trouble following the plot. The villains? An unholy alliance between Wall Street, the Democratic establishment, community organizing groups like ACORN and La Raza, and politicians like Barney Frank, Nancy Pelosi and Henry Cisneros. (Frank got a cushy job for a lover, Pelosi got a job and layoff protection for a son, Cisneros apparently got a license to mint money bilking Mexican-Americans of their life savings in cheesy housing developments.)

Here’s a helpful timeline I drew up that you shouldn’t need an extensive background in political science to understand:

Are we supposed to believe that Pelosi did all this mischief from the minority bench of the US House of Representatives? That much of it happened before she even led the Minority caucus? That, if true, would be a genuinely extraordinary tale of how it is the President of the United States, the entire Senate, and the Speaker of the House were foiled in their efforts to overhaul the American financial system by Pelosi’s wiles. Alternatively, maybe during her four-year spell as Speaker, Pelosi traveled back in time and forced the congress to forego appropriate regulation. Either way, it’s an impressive show.

Economy

Romney Signs Pledge Saying U.S. Should Default On Its Debt Unless Congress Passes A Balanced Budget Amendment

Back in 2002, a spokesman for former Gov. Mitt Romney (R), a current GOP presidential hopeful, derided an anti-tax pledge as “government by gimmickry.” But Romney is evidently okay with gimmickry now, as he signed the Americans for Tax Reform anti-tax pledge last week.

Not through with putting his John Hancock on cockamamie pledges, Romney today signed the right-wing “Cut, Cap, and Balance” pledge that is being pushed by a host of conservative organizations and Sen. Jim DeMint (R-SC). Among other things, the pledge demands that the nation’s debt ceiling not be raised without congressional approval of a balanced budget amendment to the Constitution:

Former Massachusetts governor Mitt Romney (R) said Wednesday that he supports a pledge put forth by some congressional Republicans and conservative groups calling for significant spending cuts and caps as well as a balanced-budget amendment to the Constitution in exchange for a vote this summer to raise the country’s debt ceiling.

“I am for cut, cap and balance,” Romney told reporters after a Capitol Hill meeting with Sen. Mike Lee (R-Utah), according to the Salt Lake Tribune’s Tommy Burr.

In addition to calling for the U.S. to default on its debt unless Congress approves a balance budget amendment (which is totally unrealistic as well as economically bone-headed), the pledge also calls for caps on federal spending. Romney has voiced support for such caps before before, and as I noted here, they would be terribly destructive and force deep cuts to important government programs, without even resulting in a balanced budget.

As Judd Legum noted today, even the radical House Republican budget authored by House Budget Committee Chairman Paul Ryan (R-WI) wouldn’t pass muster under the balanced budget amendment. That Romney is willing to risk the economic meltdown that could occur if the U.S. defaults on its debt in order to pander to DeMint and his conservative allies is quite distressing.

NEWS FLASH

Obama: Don’t Ask, Don’t Tell Repeal Certificaton ‘In A Matter Of Weeks’ | Via Metro Weekly’s Chris Geidner: At this afternoon’s LGBT Pride Reception at the White House, President Obama reportedly said that Don’t Ask, Don’t Tell repeal will be certified “in a matter of weeks, not months.”

Update

Via @MarkKnoller: Pres Obama tells LGBT Pride event at WH: “So bottom line is, I’ve met my commitments to the LGBT community. I have delivered on what I promised. Now, that doesn’t mean our work is done. There are going to be times where you’re still frustrated with me. (Laughter.) I know there are going to be times where you’re still frustrated at the pace of change. I understand that. I know I can count on you to let me know. (Laughter and applause.) This is not a shy group. (Laughter.) “

NEWS FLASH

Investigators: Massey Energy Falsified Safety Record At Upper Big Branch Mine | “Mine owner Massey Energy kept two sets of records that chronicled safety problems” at the Upper Big Branch mine, which exploded and killed dozens of miners in April 2010, NPR reports. “One internal set of production reports detailed those problems and how they delayed coal production. But the other records, which are reviewed by federal mine safety inspectors and required by federal law, failed to mention the same safety hazards. Some of the hazards that were not disclosed are identical to those believed to have contributed to the explosion.”

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